News and Events
NSF Census Research Network Michigan Node website now live
The Michigan node of the NSF-Census Research Network now has a website:
One-Day SIPP Training Workshop
The Michigan node of the NSF-Census Research Network will sponsor a one-day SIPP training workshop at Census Bureau Headquarters in Suitland, Maryland on Friday, May 15. The workshop will focus on SIPP classic, with an introduction to the re-designed SIPP, and is open to analysts at government agencies and nonprofits in the Washington DC area. Please contact MCRDC@umich.edu for more information.
NCRN Virtual Seminar
February 4, 2015, 3:00pm to 4:30pm
Speaker: Amy L. Griffin (UNSW Canberra)
Title: Visualizing Attribute Uncertainty in the ACS: An Empirical Study of Decision-Making with Urban Planners
Location: University of Michigan: Room 3443, ISR-Thompson, Contact Maggie Levenstein (firstname.lastname@example.org)
Stream Live: [Click Here] (link will be active about 5 minutes after the start of seminar)
Positions for Economists at the Census Bureau
The Center for Economic Studies (CES) has announced openings for Economists.
Congratulations Aaron Flaaen, Christoph Boehm, and Nitya Pandalai Nayar: Research Accepted to the IMF Fifteenth Jacques Polak Annual Research Conference
The Michigan Census Research Data Center is happy to announce that the joint research of Ph.D. Candidates Aaron Flaen, Christoph Boehm, and Nitya Pandalai Nayar was recently accepted to the International Monetary Fund Fifteenth Jacques Polak Annual Research Conference.
Their paper provides causal evidence for the role of trade and multinational firm activity in the cross-country transmission of shocks. Using the 2011 Tohoku earthquake/tsunami of Japan as a natural experiment, they evaluate the spillovers from the intermediate input linkages of multinational affiliates. The scope for these linkages to generate cross-country spillovers depends on the elasticity of substitution with respect to other inputs in the domestic economy. They use restricted use Census data with new links to international ownership structure to estimate this elasticity. To focus attention on the role of vertical linkages, they develop a new methodology for separating firm-level imports intended for further manufacture.
They find that those firms with large exposure to intermediate inputs from Japan –-- the U.S. affiliates of Japanese multinational firms -– experience significant output declines in the months following the Tohoku event. Output drops roughly one-for-one with imported inputs, consistent with a Leontief relationship between imported and domestic inputs. Structural estimates of the production function for these firms yield disaggregated production elasticities that are similarly low. For Japanese multinationals, the elasticity across material inputs is 0.2 and the elasticity of substitution between material inputs and a capital/labor aggregate is 0.03. For non-Japanese firms using inputs from Japan, the elasticity of substitution across material inputs is, unsurprisingly, somewhat higher at 0.6.
Such low elasticities imply the presence of spillovers to other upstream and downstream firms, a feature which can magnify the overall transmission of the shock. They point to natural characteristics of intra-firm trade as the source of these strong complementarities for multinational firms. Their results suggest that global supply chains are sufficiently rigid to play an important role in the cross-country transmission of shocks.
RDC Network Expansion
We are pleased to announce the National Science Foundation has awarded grants for the development of two new Research Data Centers. The new Research Data Centers (RDCs) will be located in Kansas and Nebraska.
Kansas City RDC
- Location: Kansas City Federal Reserve Bank.
- Consortium: University of Kansas, Kauffman Foundation, University of Missouri, Columbia, and Kansas City Federal Reserve Bank.
Central Plains RDC
- Location: University of Nebraska, Lincoln.
- Consortium: University of Nebraska, Iowa State University, University of Nebraska Medical Center, University of South Dakota, and University of Iowa.
These two new RDCs, along with a new Yale University branch of the NYC RDC, will be built and open by fall 2015. The network currently hosts about 600 researchers working on about 180 active projects in 17 locations (with an additional location to be completed soon). For more information on the RDC network, please see http://www.census.gov/ces/rdcresearch/.